Tech Company Financing Transactions
Variance Funding Round
Variance, based in San Francisco, received $21.5 million from Ten Eleven Ventures, 645 Ventures and Okta.
Transaction Overview
Company Name
Announced On
3/31/2026
Transaction Type
Venture Equity
Amount
$21,500,000
Round
Series A
Investors
Ten Eleven Ventures (Lead Investor) (Megan Dubofsky)
Proceeds Purpose
Variance will use this fresh round of capital to deepen their investment in the infrastructure required for investigative AI agents, and expand their work with financial institutions.
Company Information
Company Status
Private & Independent
Industry
Security
Mailing Address
564 Market Street 623
San Francisco, CA 94104
USA
San Francisco, CA 94104
USA
Phone
Website
Email Address
Overview
Our mission is to build technology that helps good prevail in highly adversarial environments; We're building AI agents that investigate and decide on complex compliance cases, protecting businesses and the people they serve. At Variance, we build AI systems that impact hundreds of millions of people. We believe in empowering every team member to be fully-engaged in fulfilling our mission.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Karine Mellata
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Our team works diligently to record every notable VC transaction. VC investment data records on this site come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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